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Full-Time

Senior Counsel

Litigation & Risk

Posted on 6/18/2024

Brex

Brex

1,001-5,000 employees

Financial services for startups and businesses

Fintech
Financial Services

Compensation Overview

$262.1k - $327.6kAnnually

+ Equity

Senior, Expert

San Francisco, CA, USA

Category
Legal
Risk & Compliance
Legal & Compliance
Required Skills
Communications
Customer Service
Requirements
  • 6+ years working experience in a combination of law firms and in-house, with a preference for experience in a fintech company
  • Deep experience in litigation and/or arbitration, including responsibility for independently managing complex disputes with customers, third parties, or others from commencement to resolution
  • Experience managing outside counsel and exercising strong judgment for disputes not being resolved in-house
  • Experience in supporting customer service or operations organizations
  • Excellent written and verbal communication skills, both internal (memos, guides, presentations) and external (counterparties, regulator communications
  • Ownership mentality and comfort working on complex matters that require judgment
  • Entrepreneurial mindset and ability to work in a fast-paced environment
  • Willingness to be a team player that pitches in to help out on other products and topics; one of our key tenets is “One Brex”
  • Law degree and admitted to practice in at least one jurisdiction
Responsibilities
  • Identify legal risks facing the company and develop and implement strategies for mitigating those risks while successfully enabling the company’s business objectives
  • Manage disputes from commencement through resolution, providing appropriate updates to cross-functional partners and leadership regarding risk, financial impact, and opportunities to resolve
  • Partner closely with Compliance and other departments to provide pragmatic and actionable advice, develop new policies, or implement strategic revisions to existing policies/procedures as part of the company’s risk management
  • Advise the customer service organization and operational teams regarding customer escalations and customer disputes
  • Respond timely to requests for information and subpoenas from regulators and others, and assist the company in developing strong procedures for compliance with these requests
  • Monitor trends and legal developments, particularly those that impact the financial services and technology industries, analyze the implications for the company and ensure the company is well-positioned to respond and react accordingly

Brex provides financial services designed for startups, small to medium-sized businesses, and larger enterprises. Their main products include corporate credit cards, cash management accounts, and expense management tools. Brex's corporate credit cards offer higher credit limits without requiring personal guarantees, making them appealing to startups and companies with limited credit history. The services are integrated with other business tools, allowing clients to manage expenses, track spending, and optimize cash flow efficiently. Unlike traditional banks, Brex focuses on a tech-savvy approach to finance, which helps them stand out in the financial services market. The company's goal is to simplify financial management for businesses, enabling them to operate more effectively.

Company Stage

Series D

Total Funding

$1.5B

Headquarters

San Francisco, California

Founded

2017

Growth & Insights
Headcount

6 month growth

-2%

1 year growth

-9%

2 year growth

2%
Simplify Jobs

Simplify's Take

What believers are saying

  • Brex's new digital banking products and updates to their business accounts offer increased saving flexibility and higher yield, enhancing their appeal to startups.
  • Recognition as #4 on the 2024 CNBC Disruptor 50 list highlights Brex's strong market position and innovative approach.
  • Participation in high-profile events like VB Transform 2024 and partnerships with companies like Column N.A. demonstrate Brex's influence and commitment to innovation.

What critics are saying

  • The ongoing wave of tech layoffs could impact Brex's growth and operational stability, as seen across the industry.
  • Brex faces intense competition from both traditional banks and other fintech companies, which could pressure their market share.

What makes Brex unique

  • Brex offers higher credit limits and no personal guarantees on their corporate credit cards, making them particularly attractive to startups and growing companies.
  • Their seamless integration with other business tools and focus on tech-driven financial solutions sets them apart from traditional banks.
  • Brex's use of generative AI to simplify complex financial topics and potentially offer digital CFO capabilities is a unique innovation in the fintech space.

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Benefits

Self-care. Health, dental, and vision; One Medical; Spring Health mental wellbeing; Calm membership.

Money. Competitive compensation with a biannual merit cycle, equity, 401(k) plan, and more.

Rest. Unlimited PTO if full-time, paid holidays, company weeks off, and parental leave.

Freedom. Remote-first, team and company offsites, monthly stipend, and one-time office setup budget.

INACTIVE